Nigeria stays one largely Cash dominated country. There are over 100 million adult Nigerians of whom More than half have little or no access to financial services. Today, Bankly, a Nigerian fintech startup that digitizes cash for non-banks, announced that it has completed a $ 2 million startup round. Founded in 2018 by Tomilola Adejana … Read more
(Photo without bottom) New financing: Bottomless, the small Seattle startup with big e-commerce dreams, has raised $ 4.5 million in a new Series A funding round to support the continued growth of its business. How it works: Developed four years ago by married couple Michael Mayer and Liana Herrera, Bottomless combines their WiFi-enabled rechargeable coffee … Read more
A lot has happened in the field of additive manufacturing in the last few months. If I had to figure out a reason, I would say that – much like robotics (another area that I’m following pretty closely) – the pandemic has seen a surge in interest in the category. Medical applications are understandably of … Read more
Cubyn, the Paris-based logistics startup that e-merchants can use to outsource fulfillment and delivery logistics, has raised a further 35 million euros in funding. The round will be led by Eurazeo and Bpifrance Large Venture with the participation of First Bridge Ventures and Fuse Venture Partners. Existing supporters DN Capital, 360 Capital, Bpifrance Smart Cities … Read more
Copy.ai, a startup developing AI-powered copywriting tools for business customers, announced a round of $ 2.9 million this morning. The investment was led by Craft Ventures. Other investors participated in the deal, including minor checks from Li Jin’s newly established Atelier Ventures and Sequoia. The launch is remarkable for a number of reasons. First of … Read more
With the plug-and-play light switches from Deako, builders and homeowners can easily exchange remote-controlled high-tech lighting. (Deako photo) New financing: Seattle-based startup Deako Lighting raised $ 12.5 million in a Series B round to help grow the company’s smart light switch technology. The business: With the plug-and-play light switches from Deako, builders and homeowners can … Read more
The team behind Songclip believe that social media could use more music. Yes, music is a big part of the experience with a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “This is not the end as music is going to be a feature a beginning.” He … Read more
Banzai, a Seattle startup that sells event marketing software, has raised $ 15 million in venture capital. Columbia Pacific Advisors led the round, which included Gaingels’ participation. Banzai was founded in 2016 by former Avalara employees and was originally an on-demand platform for sales and marketing. It has been postponed to help companies run event … Read more
Insurance agents spend hours completing paperwork and getting customer information over the phone. InsurGrid, a new startup in the seed stage, has developed a software solution that simplifies the process and makes it easier for agents to serve existing customers – and secure new customers. InsurGrid offers agents a personalized platform for collecting information from … Read more
A second stage motor injector burns in the Stoke component test facility. (Photo by Stoke Space Technologies) Stoke Space Technologies, the Renton, Washington-based company founded by Jeff Bezos’ veterans of space company Blue Origin, has invested $ 9.1 million in seeds to push rocket reusability to new frontiers . The first goal will be to … Read more